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May 2, 2024  
 
 
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Chesapeake, Virginia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Mr. Handyman Franchise Issued By Superior Financial Group, LLC

Need a loan to buy a Mr. Handyman franchise? Superior Financial Group, LLC has a history of making these loans and they are guaranteed by the SBA.

If you live near Chesapeake, Virginia and are interested in buying a Mr. Handyman franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Superior Financial Group, LLC. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

MR HANDYMAN OF SOUTHSIDE HAMPT
CHESAPEAKE, VA 23320

SBA Loan Lender

SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811490 - Personal and Household Goods Repair and Maintenance

Loan Approval Date

4/13/2007

Loan Approval Gross Amount

$12,500

Loan Approval from the SBA

Of the total $12,500 loan amount, the SBA guaranteed $10,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mr. Handyman franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Superior Financial Group, LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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